The Company announces that, following the exercise of warrants at 67 pence per share to subscribe for ordinary shares by a third party consultant, it has made an application pursuant to the authority granted on 30 June 2008 for the admission of 50,000 ordinary shares of 5 pence each to trading on AIM. Each new ordinary share will rank pari passu with existing ordinary shares. Following the admission, the total number of ordinary shares in issue will be 91,812,701.

It is expected that dealings in the said shares will commence on 29 June 2010.

For further information please contact:

Northern Petroleum Plc
Tel: +44 (0) 20 7469 2900
Chris Foss, Company Secretary
Sophie Hull, Head of Corporate Communications

Cenkos Securities (NOMAD and Joint Broker)
Jon Fitzpatrick, Tel: +44 (0) 20 7397 8900
Ken Fleming, Tel: +44 (0) 131 220 6939

Jefferies International (Joint Broker)
Tel: +44 (0) 20 7029 8000
Chris Snoxall

Financial Dynamics
Billy Clegg / Edward Westropp
Tel: +44 (0) 20 7318 3113

Bishopsgate Communications
Tel: +44 (0) 20 7562 3350
Nick Rome / Michael Kinirons